HONOLULU (HawaiiNewsNow) - Around the turn of the twentieth century, many land-rich Hawaiian monarchs left their estates to causes such as education and healthcare. Today, the challenge for trustees is positioning the monarchs' assets to bear fruit into the future. Amy Kalili tells us how one trust is doing so.
Aloha kakahiaka kâkou! Ke ʻimi hakuhia nei nô nâ kahu waiwai o Liliʻuokalani Trust i nâ kaʻakâlai hoʻopukapula like ʻole e lako mau ai nâ papahana no nâ keiki Hawaiʻi, pçia hoʻi ke kikowaena hale kûʻai.
Liliʻuokalani Trustees are investing in the future of Hawaiian children, which nowincludes shopping centers.
Recently the Trust opened a new shopping center called Kona Commons on the Queenʻs lands of Keahuolû.
Trustee, Queen Liliʻuokalani Trust
Aia ʻo Kona Commons ma Keahuolû.
Aia i waho pono o Kailua-Kona kaona ma ka huina alanui ʻo Makala me Queen Kaʻahumanu. He 130,000 kapuaʻi kuea kona nui i piha i nâ hale kûʻai a hale ʻâina e kipa pinepine ʻia e ko Kona
At the intersection of Makala and Queen Kaʻahumanu, it offers locals 130,000 sq. ft. of shopping and dining.
Ua waiho hoʻoilina ʻo Liliʻuokalani i kona mau waiwai a pau no ka pono o nâ keiki Hawaiʻi he ʻilihune a makua ʻole paha. E like me ka nui o nâ hoʻoilina aliʻi, hoʻokô ʻia nâ hana lawelawe me ke kâlâ e loaʻa ana ma ka hoʻolimalima i nâ ʻâina i hoʻoili ʻia mai.
Liliʻuokalani left her estate for the benefit of orphans and destitute children and all services are covered with the land revenues generated by the trust.
In 2009, the Children's Center served about 1,500 orphan children and about 9,000 destitute children.
In our community-building efforts, we served 50,000 children and all of that was done with a budget of about $14.6 million.
Ma 2009, ua kôkua ʻia he 1,500 keiki makua ʻole a 9,000 keiki ʻilihune.
Ua kôkua hou ʻia he 50,000 keiki o ke kaiâulu. Ua hoʻolilo ʻia he $14.6 miliona.
Ua loaʻa piha mai ia $14.6m mai ka hoʻolimalima ʻâina. No laila, he hana koʻikoʻi ke ʻano e hoʻohana kûpono ʻia ai ia mau ʻâina.
All $14.6m is from land revenue, so positioning land is crucial for the trust.
The Queen currently has about 6,300 acres.
The Trust will eventually seek entitlements on about 1,200 acres of Keahuolû land for future development.
He 6,300 ʻeka o ka môʻî wahine.
Ke kia nei mâkou i ke kûkulu ma 1,200 hou ʻeka ma Keahuolû.
As trustees, we need to really ensure that our lands and our assets are positioned so that they continue to provide for the work of the Children's Center.
Ke kaukaʻi nui ʻia nei ʻo Keahuolû no ka hoʻolako ô mau i nâ lawelawe koʻikoʻi o kçia papahana.
Ke aloha iâ ʻoukou e nâ kahu waiwai o Liliʻokalani a pçia ko nâ hoʻoilina aliʻi a pau i ka ʻimi ʻoiaʻiʻo i nâ kaʻakâlai e lako mai ai kçia mau papahana. Aloha.
Mahalo to the Liliʻuokalani trustees and all of the aliʻi trusts for your work to secure these assets for our future.